Cadbury Schweppes owns and operates a chain of 12 vegetable protein hamburger outlets in northern Louisiana....

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Cadbury Schweppes owns and operates a chain of 12 vegetable protein "hamburger" outlets in northern Louisiana. Sales figures and advertising expenses for the stores are provided in the table below. Sales are given in millions of dollars; advertising expenses are in tens of thousands of dollars. Calculate a regression line for the data. What is your forecast of sales for a store with advertising spending of R240,000? R300,000? Store Advertising Sales 1 14 6 2 11 3 32 15 5 4 16 5 5 24 15 6 7 8 28 22 21 18 17 9 26 10 43 12 15 20 11 12 34 14 9 5 Cadbury Schweppes owns and operates a chain of 12 vegetable protein "hamburger" outlets in northern Louisiana. Sales figures and advertising expenses for the stores are provided in the table below. Sales are given in millions of dollars; advertising expenses are in tens of thousands of dollars. Calculate a regression line for the data. What is your forecast of sales for a store with advertising spending of R240,000? R300,000? Store Advertising Sales 1 14 6 2 11 3 32 15 5 4 16 5 5 24 15 6 7 8 28 22 21 18 17 9 26 10 43 12 15 20 11 12 34 14 9 5

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The image youve provided includes data for 12 stores with their corresponding advertising expenses and sales figures To calculate a regression line fo... View the full answer